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M&MMARKET OUTLOOKSTOCK OUTLOOK

M&M Outlook for the Week (January 29, 2024 – February 02, 2024)

M&M
M&M
M&M closed the previous week on a negative note losing 4.41%.

Technically, M&M share price will see immediate support at 1,591.13 and immediate resistance would be seen at 1,663.73.

If M&M share price closes below immediate support of 1,591.13, then sharp breakdown can be seen. M&M share price will see major support at 1,546.77 for the week.

On the positive side, immediate resistance will be seen at 1,663.73. Closing above 1,663.73, M&M share price will see a sharp breakout. Major resistance for M&M share price will be seen at 1,691.97 for the week.

Trading range for M&M share price for this week should be between 1,518.53 on down side and 1,736.33 on up side.

M&M Previous Week High: 1647.6

M&M Previous Week Low: 1575

M&M Previous Week Range: 72.6 Points

M&M share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 1,736.33
Resistance 2 1,691.97
Resistance 1 1,663.73
Support 1 1,591.13
Support 2 1,546.77
Support 3 1,518.53
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